3107 Hollycrest, Los Angeles, California 90068, Los Angeles, 90068 - 0 bed, 0 bath
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Los Angeles, California 90068
This Versatile Hollywood Hills Quadruplex is a Prime Investment Opportunity listed at $1,600,000—positioned well below the $1,633,769 Fair Market Value by 2%. This valuation gap offers $33,769 in Instant Equity for buyers. Featuring two separate buildings with a Condition Rating of 4, the property offers functional units with spacious decks and patios near Universal Studios. Zoned for the top-rated Valley View Elementary (Rating 8), this asset balances high rental demand with long-term appreciation. It is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a strategic house-hack.
Property is moderate renovation needed.
The property, built in 1950, is in functional condition but shows significant signs of being outdated. While the kitchen features newer stainless steel appliances and the units have laminate flooring, the cabinetry, pedestal sinks, and bathroom tiling reflect older styles likely from 15-20 years ago. The presence of wall heaters and window AC units further indicates that major systems have not been modernized to current 'excellent' or 'good' standards.
This quadruplex features two separate buildings with a mix of large loft-style units and standard one-bedroom units, offering flexibility for diverse tenant profiles or an owner-user opportunity.
Situated in the highly desirable Hollywood Hills East, the property provides exceptional proximity to major attractions like Universal Studios and the Hollywood Bowl, ensuring high rental demand.
The unique lot configuration with access from both Hollycrest Dr and Cahuenga Blvd E provides better privacy between the two buildings and convenient entry points.
Built in 1950, the property may require capital expenditures for system upgrades or structural maintenance common in mid-century hillside constructions.
The proximity to the freeway and Cahuenga Blvd E, while convenient for commuting, likely results in higher ambient traffic noise, particularly for the lower units.
With only two attached garages for a four-unit property, the lack of a 1:1 parking ratio may be a competitive disadvantage for attracting and retaining tenants in Los Angeles.
Opportunity Knocks. Welcome to 3107 & 3109 Hollycrest Dr and 3108 & 3110 Cahuenga Blvd E, this 4 plex features 2 separate building that each has 2 units. The upper building on Hollycrest Dr has 2 identical larger units that each has 1 master bedroom with washer & dryer, 1 loft area with half bath, kitchen, spacious living room with large deck and a courtyard. The lower building has 2 smaller standard unit that has 1 bedroom, 1 bathroom, kitchen, living room and attached 1 car garage. The property is located in a super convenient location, easy access to freeway and very close to Universal studio and Hollywood Bowls.
No exterior & parking available.
Grades K-6 • 0.2 mi
Grades K-5 • 1.9 mi
Grades K-6 • 2.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 0.0 | 50% |
| Baths | 0.0 | 0.0 | 50% |
| Square foot | 2,692 | 2,406 | 50% |
| Lot Size | 5,803 | 6,647.5 | 50% |
| Price | $1.60M | $1.44M | 50% |
| Price per sq ft | $594 | $599 | 50% |
| Built year | 1950 | 1925 | 75% |
| HOA | $0 | $0 | 50% |
| Days on market | 67 | 182 | 25% |
Feb 14, 2026
$1,600,000
Initial Listing
Aug 30, 2022
$1,620,000
Public Record